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Aegean Airlines Releases 2012 Results

Aegean Airlines reported 2012 revenue of 653.4 million euros, two percent lower compared to 2011. Νet result after tax improved to a loss of 10.5 million euros compared to a loss of 27.2 million euros in 2011.

New Coastal Shipping Routes

Merchant Marine Minister Giorgos Anomeritis last month presented a new draft bill for coastal shipping. It includes a schedule of shipping routes that cover the whole country and one that is binding for passenger shipping firms.

Tourism Sector Calls For Abolition Of Airport Tax As Air Fares Rise

High insurance fees and low revenue have forced Greek airlines to increase fares. At the same time, they want major decreases in airport fees and taxes. And so far, they have managed to get all of the tourism-related associations in the private sector behind them in a strong...

Helipads For Greek Island Destinations

The construction of four new helipads, three in the Aegean and one on an Ionian island, were announced last month by the government – Ithaca, Dodecanese, Patmos, Tinos, Lesvos. All four projected helipads will be able to operate day and night for helicopters of up to 15 meters –...

A note by the publisher

Since it was first established in 1975, International Publications' prime goal has been to assist the travel trade by supplying information that was difficult or time consuming to obtain by normal means. The introduction of Greek Travel Pages, in the same year, and its continual...

Five Ferry Lines Cooperate To Cut Costs

Greek coastal shipping companies look to copy some of the international airline moves to cut costs. Five Greek coastal shipping companies have decided to pool their forces to achieve economies of scale to prepare for the deregulation of the domestic passenger shipping market in 2004.

Ferry Lines Demand Price Increases Or Increased Sailings

The continued rise of oil prices leaves Greek passenger shipping firms, especially the domestic operators, facing very serious losses. The situation is compounded by the rise of the dollar, which increases their liabilities to banks and insurance firms as a great part of these...

Aegean Adds Two Additional Aircraft To Its Fleet

Aegean Airlines, considered Greece's most prominent domestic carrier, last month announced it was about to add two more four-engine Avro RJ 100 turbo-prop passenger aircraft to its fleet.

Strintzis Accepts Delivery Of New “Blue Star Ithaki”

Strintzis Lines, on March 31, accepted its newest super-fast ultra-modern ferry the Blue Star Ithaki from the Korean shipyard Daewoo Heavy Industries. The new vessel will be the first of its type to ply Greek coastal waters.